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The finance department manages the flow of money into and out of the organisation. Their activities will include: * Credit control system * Supplier payments * Budgeting and Forecasting * Payroll Credit Control Some organisations deal only in cash sales. A small restaurant of hairdresser for example, will serve the customer and then expect to be paid right away. If you order something on the Internet, you must give your credit card details, so that the company knows it will be paid before it dispatches the goods. Some costumers will not have to pay instantly for goods from companies. For example, if a school orders a class set of books from a bookseller or publisher, they are normally given30 day's credit. Which means they don't have to pay anything for 30 days after the date of the invoice. Supplier payments Another job of the finance department is to make sure that the company pays it's own suppliers in time....

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